House of Doge Releases 2025 Shareholder Letter, Plans Merger with Brag House

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Dec 18 2025

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House of Doge released its 2025 Shareholder Letter from CEO Marco Margiotta, outlining a year of deliberate, foundational progress and positioning the Company for focused execution in 2026. The letter details the Company's definitive merger agreement with Brag House Holdings, expansion of the Official Dogecoin Treasury, increased regulated institutional access to Dogecoin through 21Shares ETP and ETF products, advancement of a multi-pillar revenue strategy, payments ecosystem development, and strategic professional sports investments designed to support long-term adoption and commercialization. 2025 House of Doge Shareholder Highlights: 2025 marked a foundational year focused on building the corporate framework, infrastructure, product strategy, and partnerships required to support scaled execution in 2026. Definitive merger agreement signed with Brag House Holdings (TBH), with closing expected early in the first quarter of 2026 subject to regulatory approval. Established the Official Dogecoin Treasury and scaled to more than 730 million Dogecoin, with a 10 year asset management agreement, positioning House of Doge among the largest institutional managers of Dogecoin globally, in partnership with CleanCore Solutions (ZONE). Expanded regulated institutional and retail access to Dogecoin through partnership with 21Shares, including ETP and ETF products in Europe and the United States. Diversified commercialization and cash-generating model defined across treasury-related participation, management fees, payments infrastructure, licensing and brand partnerships, and sports-based commerce, designed to scale alongside adoption.Payments and product ecosystem advanced, with planned B2B and B2C solutions under development and initial rollouts, including a rewards debit card, expected to begin in Q1 2026. Strategic professional sports investments in U.S. Triestina Calcio 1918 and HC Sierre, establishing real-world platforms for Dogecoin visibility, fan engagement, and future commerce, tokenization and payments use cases. Tokenization framework and partner-driven RWA initiatives established, creating a scalable foundation for real-world-asset development and next-generation fan engagement. "The progress we made in 2025 reflects a deliberate strategy to build durable infrastructure first, before scaling products, payments, and revenue," said Margiotta. "As we move into 2026, our focus shifts toward execution: closing the Brag House transaction, activating payments and merchant partnerships, and bringing Dogecoin further into everyday economic activity."

TBH

$0.4701+Infinity%1D

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About TBH

Brag House Holdings, Inc. is a vertically integrated social network for college esports. The Company’s platform focuses on building a centralized esports experience for non-professional college gamers and their fans, by allowing college students to compete against one another, support their favorite gamers and teams and win prizes. Its approach combines gamer recruitment, facilitation of community engagement and content creation, live-stream production and tournament host activities. By facilitating the creation and publication of all content on its platform, it offers a one-stop interface and control all aspects of the user experience, from community building to gamified engagement, to hosting and producing tournaments. It provides white-labeled tournament planning, marketing, gamer recruiting and onboarding services to its sponsor partners. It performs all publicity and marketing for the tournament and host its production, including the streaming and live broadcast of the tournament.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.